Bonita Springs Real Estate Market Update March 2019
Well, take a quick look at those cash transactions in Bonita Springs and Estero real estate sales. We got a little punch of cash during March 2019. That’s about six percent more cash closings more than the month prior.
The Bonita Springs real estate market is quite healthy and stable. This month we had no short sales close sale and very few foreclosures record as a closed sale.
Most importantly, whether you are a home buyer or a home seller you need to recognize that about 83% of our closed sales were priced $600,000 and under. That’s a huge figure so depending upon the neighborhood where you are buying or selling a home you should definitely get an absorption rate to determine where you offer should come in at or the most effective list price of your home.
If you would like to learn more about using absorption rates to your buying and selling advantage call Chris at 239-273-7430.